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The PMI CAPM Exam is ideal for individuals who are new to project management and have less than three years of experience in the field. The exam is also suitable for individuals who are interested in pursuing a career in project management and want to gain a fundamental understanding of the principles and practices of the discipline. The CAPM certification is recognized globally and is an excellent way for individuals to demonstrate their commitment to the project management profession.
NEW QUESTION # 44
A special type of bar chart used in sensitivity analysis for comparing the relative importance of the variables is called a:
- A. triangular distribution
- B. beta distribution
- C. tornado diagram
- D. fishbone diagram
Answer: C
Explanation:
Section: Volume B
Explanation
Explanation:
11.4.2.2 Quantitative Risk Analysis and Modeling Techniques page 337
Commonly used techniques use both event-oriented and project-oriented analysis approaches, including:
* Sensitivity analysis. Sensitivity analysis helps to determine which risks have the most potential impact on the project. It helps to understand how the variations in project's objectives correlate with variations in different uncertainties. Conversely, it examines the extent to which the uncertainty of each project element affects the objective being studied when all other uncertain elements are held at their baseline values. One typical display of sensitivity analysis is the tornado diagram (Figure 11-15), which is useful for comparing relative importance and impact of variables that have a high degree of uncertainty to those that are more stable.
The Tornado diagram is also helpful in analyzing risk-taking scenarios enabled on specific risks whose quantitative analysis highlights possible benefits greater than corresponding identified negative impacts. A tornado diagram is a special type of bar chart used in sensitivity analysis for comparing the relative importance of the variables. In a tornado diagram, the Y-axis contains each type of uncertainty at base values, and the X- axis contains the spread or correlation of the uncertainty to the studied output. In this figure, each uncertainty contains a horizontal bar and is ordered vertically to show uncertainties with a decreasing spread from the base values.
NEW QUESTION # 45
The risk shared between the buyer and seller is determined by the:
- A. risk register.
- B. quality checklist.
- C. contract type.
- D. assumption log.
Answer: C
Explanation:
Section: Volume E
Explanation/Reference:
NEW QUESTION # 46
Which project manager competency is displayed through the knowledge, skills, and behaviors related to specific domains of project, program, and portfolio management?
- A. Technical project management
- B. Leadership management
- C. Business management
- D. Strategic management
Answer: A
Explanation:
Section: Volume E
Explanation/Reference: https://books.google.com.pk/books?id=3XQwDgAAQBAJ&pg=PA185&lpg=PA185&dq=project
+manager+competency+is+displayed+through+the+knowledge,+skills,+and+behaviors+related+to+specific
+domains+of+project,+program,+and+portfolio
+management&source=bl&ots=0Dc0IXYmoj&sig=ACfU3U01VAogFp6oEdNW5FlikLvT5nybSg&hl=en&sa=X&v ed=2ahUKEwjXt42Oy_3hAhXd8uAKHe11B54Q6AEwBHoECAkQAQ#v=onepage&q=project%20manager%
20competency%20is%20displayed%20through%20the%20knowledge%2C%20skills%2C%20and%
20behaviors%20related%20to%20specific%20domains%20of%20project%2C%20program%2C%20and%
20portfolio%20management&f=false
NEW QUESTION # 47
A project reports an earned value (EV) of US$45 for work completed with an actual cost (AC) of US$40. What is the cost performance index (CPI)?
- A. 0.58
- B. 1.12
- C. 0.88
- D. 1.58
Answer: B
Explanation:
Section: Volume E
NEW QUESTION # 48
The following is a network diagram for a project.
The total float for the project is how many days?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 49
Requirements documentation will typically contain at least:
- A. Stakeholder requirements, staffing requirements, and transition requirements.
- B. Stakeholder impact, budget requirements, and communications requirements.
- C. Business requirements, the stakeholder register, and functional requirements.
- D. Business objectives, stakeholder impact, and functional requirements.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
5.2.3.1 Requirements Documentation
Requirements documentation describes how individual requirements meet the business need for the project.
Requirements may start out at a high level and become progressively more detailed as more about the requirements is known. Before being baselined, requirements need to be unambiguous (measurable and testable), traceable, complete, consistent, and acceptable to key stakeholders. The format of a requirements document may range from a simple document listing all the requirements categorized by stakeholder and priority, to more elaborate forms containing an executive summary, detailed descriptions, and attachments.
Components of requirements documentation can include, but, are not limited to:
Business requirements, including:
○ Business and project objectives for traceability;
○ Business rules for the performing organization; and
○ Guiding principles of the organization
* Stakeholder requirements, including:
○ Impacts to other organizational areas;
○ Impacts to other entities inside or outside the performing organization; and
○ Stakeholder communication and reporting requirements.
* Solution requirements, including:
○ Functional and nonfunctional requirements;
○ Technology and standard compliance requirements;
○ Support and training requirements;
○ Quality requirements; and
○ Reporting requirements, etc. (solution requirements can be documented textually, in models, or both).
Project requirements, such as:
○ Levels of service, performance, safety, compliance, etc.; and
○ Acceptance criteria.
Transition requirements.
Requirements assumptions, dependencies, and constraints.
NEW QUESTION # 50
The following chart contains information about the tasks in a project.
Based on the chart, what is the cost performance index (CPI) for Task 2?
- A. 0.8
- B. 1.8
- C. 1.25
- D. 0
Answer: C
NEW QUESTION # 51
The chart below is an example of a:
- A. Responsibility assignment matrix (RAM)
- B. Work breakdown structure (WBS)
- C. RACI chart
- D. Requirements traceability matrix
Answer: D
NEW QUESTION # 52
At which stage of team development do members begin to work together, adjust work habits, and trust each other?
- A. Performing
- B. Forming
- C. Norming
- D. Storming
Answer: C
Explanation:
Section: Volume E
NEW QUESTION # 53
In Plan Risk Management, which of the management plans determines who will be available to share information on various risks and responses at different times and locations?
- A. Cost
- B. Quality
- C. Schedule
- D. Communications
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Process: 11.1 Plan Risk Management
Definition: The process of defining how to conduct risk management activities for a project.
Key Benefit: The key benefit of this process is it ensures that the degree, type, and visibility of risk management are commensurate with both the risks and the importance of the project to the organization.
The risk management plan is vital to communicate with and obtain agreement and support from all stakeholders to ensure the risk management process is supported and performed effectively over the project life cycle.
Inputs
1. Project management plan
2. Project charter
3. Stakeholder register
4. Enterprise environmental factors
5. Organizational process assets
Tools & Techniques
1. Analytical techniques
2. Expert judgment
3. Meetings
Outputs
Risk management plan
NEW QUESTION # 54
When large or complex projects are separated into distinct phases or subprojects, all of the Process Groups would normally be:
- A. divided among each of the phases or subprojects.
- B. linked to specific phases or subprojects.
- C. integrated for specific phases or subprojects.
- D. repeated for each of the phases or subprojects.
Answer: D
Explanation:
Section: Volume D
NEW QUESTION # 55
Which tools and techniques will a project manager use to develop a project charter?
- A. Expert judgment, data gathering, interpersonal and team skills, and meetings
- B. Project manager experience, expert judgment, scope statement, and meetings
- C. Expert judgment, data gathering, scope statement, schedule baseline, and meetings
- D. Lessons learned database, interpersonal and team skills, cost baseline, and meetings
Answer: C
Explanation:
Section: Volume E
Explanation/Reference:
NEW QUESTION # 56
The Verify Scope process is primarily concerned with:
- A. accuracy of the work breakdown structure (WBS).
- B. accuracy of the work deliverables.
- C. formalizing acceptance of the completed project deliverables.
- D. formalizing approval of the scope statement.
Answer: C
Explanation:
Section: Volume C
NEW QUESTION # 57
The project manager is working with some functional managers and stakeholders on the resource management plan Which elements may be included in this plan?
- A. Team values, team agreements, and conflict resolution process
- B. Resource requirements, resource assignments, and team performance assessments
- C. Team roles and responsibilities, team management, and training plan
- D. Conflict resolution process, communication guidelines, and meeting schedules
Answer: B
NEW QUESTION # 58
Which project documents can determine the budget?
- A. Basis of estimates, cost estimates, project schedule, and risk register
- B. Procurement documents, contracts, requirements documentation, and basis of estimates
- C. Scope baseline, resource management plan, activity list, and assumption log
- D. Business case, project charter, statement of work, and cost estimates
Answer: A
Explanation:
Section: Volume E
Explanation/Reference: https://project-management-knowledge.com/definitions/d/determine-budget/
NEW QUESTION # 59
Which of the following sets are inputs to the Collect Requirements process?
- A. Project charter and requirements documentation
- B. Project charter and stakeholder requirements
- C. Business documents and requirements traceability matrix
- D. Project charter and business documents
Answer: D
Explanation:
Section: Volume E
Explanation/Reference: https://4squareviews.com/2013/03/11/5th-edition-pmbok-guide-chapter-5-process-5-2-collect- requirements/
NEW QUESTION # 60
A key benefit of the Manage Communications process is that it enables:
- A. The best use of communication methods.
- B. An efficient and effective communication flow.
- C. Project costs to be reduced.
- D. The best use of communication technology.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Process: 10.2 Manage Communications
Definition: The process of creating, collecting, distributing, storing, retrieving and the ultimate disposition of project information in accordance with the communications management plan.
Key Benefit: The key benefit of this process is that it enables an efficient and effective communications flow between project stakeholders.
Inputs
1. Communications management plan
2. Work performance reports
3. Enterprise environmental factors
4. Organizational process assets
Tools & Techniques
1. Communication technology
2. Communication models
3. Communication methods
4. Information management systems
5. Performance reporting
Outputs
1. Project communications
2. Project management plan updates
3. Project documents updates
4. Organizational process assets updates
NEW QUESTION # 61
Which of the following will provide the basis for estimating, scheduling, executing, and monitoring and controlling project work?
- A. Work breakdown structure (WBS)
- B. Work packages
- C. Activities
- D. Milestone list
Answer: C
NEW QUESTION # 62
In a project using agile methodology, who may perform the quality control activities?
- A. Selected stakeholders at specific times during the project
- B. A group of quality experts at specific times during the project
- C. The project manager only
- D. All team members throughout the project life cycle
Answer: A
Explanation:
Section: Volume E
NEW QUESTION # 63
What risk technique is used to quantify the probability and impact of risks on project objectives?
- A. Expert judgment
- B. Risk registry
- C. Interviewing
- D. Risk response planning
Answer: C
Explanation:
Section: Volume D
Explanation:
11.2.2.2 Information Gathering Techniques
Examples of information gathering techniques used in identifying risks can include:
Brainstorming. The goal of brainstorming is to obtain a comprehensive list of project risks. The project team
usually performs brainstorming, often with a multidisciplinary set of experts who are not part of the team. Ideas about project risk are generated under the leadership of a facilitator, either in a traditional free-form brainstorm session or structured mass interviewing techniques. Categories of risk, such as in a risk breakdown structure, can be used as a framework. Risks are then identified and categorized by type of risk and their definitions are refined.
Delphi technique. The Delphi technique is a way to reach a consensus of experts. Project risk experts
participate in this technique anonymously. A facilitator uses a questionnaire to solicit ideas about the important project risks. The responses are summarized and are then recirculated to the experts for further comment.
Consensus may be reached in a few rounds of this process. The Delphi technique helps reduce bias in the data and keeps any one person from having undue influence on the outcome.
Interviewing. Interviewing experienced project participants, stakeholders, and subject matter experts helps
to identify risks.
Root cause analysis. Root-cause analysis is a specific technique used to identify a problem, discover the
underlying causes that lead to it, and develop preventive action.
NEW QUESTION # 64
What is the name of the statistical method that helps identify which factors may influence specific variables of a product or process under development or in production?
- A. Failure modes and effects analysis
- B. Quality checklist
- C. Design of experiments
- D. Risk analysis
Answer: C
NEW QUESTION # 65
Schedule milestones and a predefined budget are examples of:
- A. Activity cost estimates.
- B. Organizational process assets.
- C. Project constraints.
- D. Requirements documentation.
Answer: C
NEW QUESTION # 66
Control charts, flowcharting, histograms, Pareto charts, and scatter diagrams are tools and techniques of which process?
- A. Report Performance
- B. Perform Quality Assurance
- C. Perform Quality Control
- D. Plan Quality
Answer: D
NEW QUESTION # 67
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The Project Management Institute (PMI) Certified Associate in Project Management (CAPM) certification is a globally recognized credential that validates a project manager's fundamental knowledge and understanding of project management concepts, principles, and techniques. The CAPM certification is designed for individuals who are new to the project management field and want to demonstrate their commitment to professional excellence. It is an entry-level certification that provides a solid foundation for individuals who aspire to become project managers.
What to Expect from CAPM
The exam is based on the PMI Project Management Body of Knowledge, called the PMBOK Guide. Overall, there are 150 multiple-choice questions in the main exam, but only 135 are scoring questions, fifteen of which are pre-test and don’t affect the final score. Also, the PMI CAPM is administered globally and is available online in 14 languages. The entire exam runs for three hours and does not have breaks. The cost of the exam is $225 for PMI members and $300 for non-members. What is more, members also have exclusive resources and information, a downloadable edition of the PMBOK Guide, and other benefits.
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